In most states, you pay taxes only on the actual lease payments, so leasing can put you even further ahead (see number 3 below). Plus, you typically don't have to bring cash to the table for a lease.
Q&A. The differences between an unadjusted trial balance and an adjusted trial balance are the amounts recorded as part of the adjusting entries. Adjusting entries include the accrual of revenues that were earned but were not yet recorded, and the accrual of expenses that were incurred but were not yet recorded.
The adjusted trial balance also includes expenses for the current period, which are transferred to the income summary account and income statement. Expenses for the period are included in the adjusted trial balance before being transferred to the income statement.